ZILO™, the Global Technology and Innovation Leader specialising in asset and wealth  management software, is pleased to announce that it has raised $27 million in a Series A2 funding round. 

The funding, raised at a higher valuation to the Series A announced in January 2024, will enable ZILO™ to accelerate the  continuing global rollout of its innovative industry leading technology software. The funding will also be used to support  ZILO™’s expansion into several strategic target markets, as well as launching proprietary, AI-powered transformative tools for  the global asset and wealth management industry.  

Portage led the round, joined by State Street, existing shareholders, and management, highlighting continued commitment to  ZILO™’s strategy and long-term vision. 

“We are pleased to announce this funding round which reflects the strong progress and momentum within ZILO™. Since we went  live in 2023 with our proprietary platform, ZILO™ Global Core, we have successfully secured and onboarded two of the top five  global custodians and a top five global asset manager within a relatively short period, demonstrating the institutional  confidence in our platform to deliver industry changing efficiencies. We see strong pipeline growth for 2025 and 2026, with focus  on onboarding new clients and launching innovative products. I would like to thank all our existing investors and the team at ZILO™ for their support in this funding round”, said Philip Goffin, Founder and Chief Executive Officer at ZILO™. 

Adam Felesky, Co-founder and CEO of Portage, said: ”We are delighted to further invest in ZILO™ and their vision. There is  rising demand in the wider market for modern platforms that can offer a truly global experience, support for emerging asset  classes and enterprise-grade controls. ZILO™’s success of partnering with leading global custodians since inception speaks to  their differentiated technology.”  

Since ZILO™’s Series A funding, the company has announced two high profile new clients. In March 2024, ZILO™ signed an  agreement with Fidelity International to deliver ZILO™’s innovative cloud-based Transfer Agency platform, ZILO™ Global Core  as part of Fidelity International’s private assets business operating model. Furthermore, in March 2025, ZILO™ was chosen by  State Street for the launch of their UK transfer agency service. ZILO™ launched their Long-Term Asset Fund (LTAF) capability in  2024 and achieved ISO27001 certification. 

ZILO™ were supported by Pinsent Masons LLP, solicitors.